On Monday, PowerFleet Inc (NASDAQ: AIOT) trading session started at the price of On Monday, that was -4.84% drop from the session before settling in for the closing price of $4.34. A 52-week range for AIOT has been $3.70 – $8.71.
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Annual sales at Technology sector company grew by 1.47% over the past five years. When this article was written, the company’s average yearly earnings per share was at 118.60%. With a float of $123.64 million, this company’s outstanding shares have now reached $133.32 million.
Let’s look at the performance matrix of the company that is accounted for 2518 employees. In terms of profitability, gross margin is 53.66%, operating margin of -7.14%, and the pretax margin is -12.81%.
PowerFleet Inc (AIOT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward PowerFleet Inc stocks. The insider ownership of PowerFleet Inc is 7.30%, while institutional ownership is 79.37%. The most recent insider transaction that took place on Dec 05 ’24, was worth 1,842,559. Before that another transaction happened on Dec 06 ’24, when Company’s Chief Customer Officer sold 187,990 for $6.73, making the entire transaction worth $1,265,173. This insider now owns 52,972 shares in total.
PowerFleet Inc (AIOT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 118.60% per share during the next fiscal year.
PowerFleet Inc (NASDAQ: AIOT) Trading Performance Indicators
You can see what PowerFleet Inc (AIOT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.43, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.25 in one year’s time.
Technical Analysis of PowerFleet Inc (AIOT)
PowerFleet Inc (NASDAQ: AIOT) saw its 5-day average volume 1.73 million, a negative change from its year-to-date volume of 2.04 million. As of the previous 9 days, the stock’s Stochastic %D was 21.71%.
During the past 100 days, PowerFleet Inc’s (AIOT) raw stochastic average was set at 8.58%, which indicates a significant increase from 0.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.27% in the past 14 days, which was lower than the 75.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.94, while its 200-day Moving Average is $5.71. Nevertheless, the first resistance level for the watch stands at $4.27 in the near term. At $4.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.49. If the price goes on to break the first support level at $4.06, it is likely to go to the next support level at $3.98. Assuming the price breaks the second support level, the third support level stands at $3.84.
PowerFleet Inc (NASDAQ: AIOT) Key Stats
There are 133,371K outstanding shares of the company, which has a market capitalization of 550.82 million. As of now, sales total 362,520 K while income totals -50,990 K. Its latest quarter income was 103,640 K while its last quarter net income were -12,450 K.
